Examples of Subsequent Closing Shares in a sentence
Any Subsequent Closing Shares issued and sold pursuant to this Section 1.2(b) shall be deemed to be “Shares” for all purposes under this Agreement, and any Additional Purchasers thereof shall be deemed to be “Purchasers” for all purposes under this Agreement.
Any Subsequent Closing Shares issued and sold to the Purchaser pursuant to this Section 1(b)(ii) shall be deemed to be “Shares” for all purposes under this Agreement.
Seller agrees to deliver any and all share certificates representing Initial Closing Shares and, if any, the Subsequent Closing Shares sold hereunder to Purchaser, properly endorsed to Purchaser, at the Initial Closing and Subsequent Closing, as applicable.
Subject to the satisfaction or waiver of the conditions set forth in Section 4.2(c) and Section 4.2(d) below, the completion of the purchase and sale of the Subsequent Closing Shares and the Subsequent Closing Warrants (the “Subsequent Closing”) shall occur no later than three (3) business days after the Stockholder Approval Date (the “Subsequent Closing Date”), in accordance with Rule 15c6-l promulgated under the Exchange Act.
Upon reasonable request, Seller agrees to execute and deliver any additional documents reasonably deemed by Purchaser to be necessary or desirable to complete the sale of the shares of Initial Closing Shares or the Subsequent Closing Shares, as applicable.
On each Subsequent Closing, Shares of the relevant Class will be issued at a fixed price of U.S. $100 or €100, as the case may be, and thereafter such issued Shares will fluctuate in accordance with the Net Asset Value of the relevant Class, calculated in accordance with the Prospectus.
The Subsequent Closing Note shall have an initial aggregate principal amount equal to the aggregate purchase price of the shares of Subsequent Closing Shares purchased from Seller hereunder.
At the Subsequent Closing, title to the Subsequent Closing Shares purchased from Seller pursuant to this Agreement shall pass to Purchaser.
On each Subsequent Closing, Shares of the relevant Class will be issued at a fixed price of U.S. $100, as the case may be, and thereafter such issued Shares will fluctuate in accordance with the Net Asset Value of the relevant Class, calculated in accordance with the Prospectus.
At the Subsequent Closing, if any, as consideration for the sale and transfer of the Subsequent Closing Shares sold and transferred pursuant hereto, Purchaser shall issue a note (the “Subsequent Closing Note”) substantially in the form of Exhibit 6.10(d)(2) to the Unit Purchase Agreement to Seller and shall deliver the Subsequent Closing Note to the Escrow Agent on behalf of Seller.